Sfmg LLC Has $1.84 Million Stock Holdings in Hilton Grand Vacations Inc. $HGV

Sfmg LLC cut its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 21.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,008 shares of the company’s stock after selling 11,347 shares during the period. Sfmg LLC’s holdings in Hilton Grand Vacations were worth $1,835,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of HGV. AQR Capital Management LLC acquired a new position in Hilton Grand Vacations during the first quarter valued at approximately $1,541,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Hilton Grand Vacations by 1.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,304 shares of the company’s stock valued at $1,545,000 after purchasing an additional 615 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Hilton Grand Vacations by 2.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 180,370 shares of the company’s stock valued at $6,748,000 after purchasing an additional 3,705 shares during the last quarter. Intech Investment Management LLC boosted its position in Hilton Grand Vacations by 24.5% during the first quarter. Intech Investment Management LLC now owns 43,541 shares of the company’s stock valued at $1,629,000 after purchasing an additional 8,567 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Hilton Grand Vacations by 743.4% during the second quarter. EverSource Wealth Advisors LLC now owns 641 shares of the company’s stock valued at $27,000 after purchasing an additional 565 shares during the last quarter. 97.23% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Charles R. Jr. Corbin sold 32,907 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $47.66, for a total transaction of $1,568,347.62. Following the transaction, the insider owned 68,615 shares in the company, valued at approximately $3,270,190.90. This trade represents a 32.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Carlos Hernandez sold 5,595 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $46.69, for a total value of $261,230.55. Following the transaction, the insider owned 14,080 shares in the company, valued at approximately $657,395.20. This trade represents a 28.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.10% of the stock is currently owned by company insiders.

Hilton Grand Vacations Price Performance

Shares of NYSE HGV opened at $51.99 on Friday. The firm has a market cap of $4.15 billion, a P/E ratio of 27.80, a price-to-earnings-growth ratio of 0.78 and a beta of 1.49. The company has a current ratio of 4.33, a quick ratio of 2.64 and a debt-to-equity ratio of 5.41. Hilton Grand Vacations Inc. has a 1-year low of $36.79 and a 1-year high of $52.85. The business’s 50 day moving average is $45.27 and its 200-day moving average is $44.63.

Hilton Grand Vacations (NYSE:HGV) last announced its earnings results on Thursday, April 30th. The company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.43. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. Hilton Grand Vacations had a return on equity of 17.62% and a net margin of 3.16%.The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.09 earnings per share. Equities research analysts predict that Hilton Grand Vacations Inc. will post 3.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Morgan Stanley raised their price objective on Hilton Grand Vacations from $49.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, April 10th. Citizens Jmp raised their price objective on Hilton Grand Vacations from $50.00 to $55.00 and gave the company a “market outperform” rating in a research report on Monday, March 9th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $40.00 price objective on shares of Hilton Grand Vacations in a research report on Thursday, February 26th. Jefferies Financial Group raised their price objective on Hilton Grand Vacations from $46.00 to $50.00 and gave the company a “hold” rating in a research report on Monday, March 2nd. Finally, Weiss Ratings raised Hilton Grand Vacations from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $55.22.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc is a leading developer and marketer of premium vacation ownership resorts. The company specializes in selling timeshare interests in vacation properties under the Hilton Grand Vacations brand, enabling members to purchase deeded real estate interests and utilize a points-based system for booking stays. Alongside new sales, the company provides ongoing management services for its portfolio of resorts, ensuring high standards of guest services, resort maintenance, and member engagement through its proprietary technology platform.

In addition to vacation ownership sales, Hilton Grand Vacations offers a comprehensive suite of membership benefits.